Can I retire at age 30 with 11,200,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $11,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.9%
1 years$924,886$916,647$908,609$900,764$893,104$864,515
2 years$457,864$449,337$441,073$433,060$425,287$396,748
3 years$302,211$293,647$285,403$277,466$269,820$242,226
4 years$224,399$215,861$207,700$199,898$192,438$166,001
5 years$177,725$169,238$161,184$153,541$146,288$121,079
6 years$146,618$138,195$130,261$122,788$115,753$91,792
7 years$124,408$116,056$108,247$100,951$94,138$71,424
8 years$107,758$99,482$91,802$84,685$78,097$56,613
9 years$94,815$86,617$79,069$72,133$65,769$45,491
10 years$84,467$76,348$68,934$62,179$56,038$36,936
11 years$76,005$67,969$60,689$54,115$48,195$30,233
12 years$68,959$61,005$53,860$47,466$41,764$24,904
13 years$63,002$55,131$48,120$41,905$36,419$20,619
14 years$57,900$50,112$43,236$37,199$31,925$17,142
15 years$53,482$45,778$39,036$33,175$28,109$14,299
16 years$49,620$42,001$35,392$29,704$24,843$11,960
17 years$46,216$38,681$32,205$26,689$22,028$10,027
18 years$43,194$35,743$29,399$24,052$19,586$8,422
19 years$40,493$33,126$26,914$21,733$17,457$7,084
20 years$38,065$30,783$24,700$19,684$15,593$5,967
21 years$35,871$28,673$22,719$17,864$13,954$5,032
22 years$33,880$26,765$20,939$16,243$12,508$4,247
23 years$32,064$25,033$19,334$14,793$11,228$3,587
24 years$30,402$23,454$17,881$13,492$10,092$3,032
25 years$28,875$22,010$16,561$12,321$9,081$2,564
26 years$27,468$20,686$15,359$11,266$8,180$2,169
27 years$26,168$19,468$14,263$10,312$7,375$1,836
28 years$24,962$18,345$13,259$9,448$6,655$1,554
29 years$23,842$17,306$12,339$8,664$6,009$1,316
30 years$22,798$16,344$11,493$7,951$5,429$1,115
31 years$21,824$15,450$10,715$7,303$4,909$945
32 years$20,912$14,619$9,997$6,711$4,440$801
33 years$20,058$13,845$9,334$6,172$4,018$679
34 years$19,255$13,122$8,721$5,679$3,638$575
35 years$18,500$12,446$8,154$5,227$3,295$488
36 years$17,788$11,813$7,628$4,814$2,986$413
37 years$17,117$11,219$7,139$4,436$2,706$350
38 years$16,482$10,662$6,686$4,089$2,453$297
39 years$15,881$10,139$6,264$3,770$2,225$252
40 years$15,312$9,646$5,871$3,477$2,018$214
41 years$14,772$9,182$5,505$3,208$1,831$181
42 years$14,259$8,745$5,164$2,961$1,661$154
43 years$13,771$8,332$4,846$2,733$1,508$130
44 years$13,307$7,942$4,549$2,524$1,368$110
45 years$12,865$7,574$4,271$2,331$1,242$94
46 years$12,443$7,225$4,011$2,153$1,128$79
47 years$12,040$6,895$3,769$1,989$1,024$67
48 years$11,655$6,582$3,541$1,838$930$57
49 years$11,287$6,286$3,329$1,698$845$48
50 years$10,935$6,004$3,130$1,570$767$41

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $11,200,000, adding $4,488 every year, while hoping to spend $47,273 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 29/48/23 Blend
29$11,200,000$11,200,000$11,200,000$11,200,000
30$12,347,029$11,753,429$11,579,829$12,616,252
31$13,556,128$12,279,049$11,917,456$13,350,912
32$14,886,971$12,828,840$12,264,808$14,135,717
33$16,351,925$13,403,937$12,622,162$14,978,504
34$17,964,619$14,005,527$12,989,802$15,884,293
35$19,740,069$14,634,856$13,368,019$16,858,581
36$21,694,820$15,293,229$13,757,112$17,907,383
37$23,847,107$15,982,012$14,157,390$19,037,287
38$26,217,018$16,702,637$14,569,169$20,255,511
39$28,826,692$17,456,604$14,992,774$21,569,960
40$31,700,521$18,245,485$15,428,539$22,989,303
41$34,865,387$19,070,926$15,876,808$24,523,040
42$38,350,909$19,934,654$16,337,933$26,181,591
43$42,189,725$20,838,475$16,812,278$27,976,381
44$46,417,802$21,784,285$17,300,214$29,919,949
45$51,074,771$22,774,069$17,802,125$32,026,050
46$56,204,306$23,809,906$18,318,404$34,309,782
47$61,854,530$24,893,977$18,849,455$36,787,719
48$68,078,475$26,028,564$19,395,694$39,478,057
49$74,934,577$27,216,062$19,957,548$42,400,778
50$82,487,233$28,458,978$20,535,455$45,577,828
51$90,807,404$29,759,941$21,129,866$49,033,318
52$99,973,287$31,121,705$21,741,244$52,793,733
53$110,071,050$32,547,157$22,370,064$56,888,178
54$121,195,651$34,039,321$23,016,814$61,348,638
55$133,451,727$35,601,368$23,681,998$66,210,271
56$146,954,588$37,236,620$24,366,130$71,511,722
57$161,831,301$38,948,559$25,069,740$77,295,478
58$178,221,890$40,740,835$25,793,372$83,608,256
59$196,280,658$42,617,271$26,537,586$90,501,426
60$216,177,645$44,581,878$27,302,955$98,031,486
61$238,100,230$46,638,855$28,090,069$106,260,572
62$262,254,902$48,792,607$28,899,534$115,257,038
63$288,869,206$51,047,748$29,731,973$125,096,073
64$318,193,894$53,409,118$30,588,023$135,860,401
65$350,505,292$55,881,785$31,468,342$147,641,039
66$386,107,904$58,471,065$32,373,604$160,538,138
67$425,337,292$61,182,528$33,304,502$174,661,906
68$468,563,238$64,022,015$34,261,745$190,133,628
69$516,193,239$66,995,644$35,246,064$207,086,786
70$568,676,352$70,109,833$36,258,210$225,668,301
71$626,507,431$73,371,306$37,298,951$246,039,887
72$690,231,803$76,787,114$38,369,079$268,379,557
73$760,450,409$80,364,645$39,469,406$292,883,274
74$837,825,485$84,111,647$40,600,765$319,766,775
75$923,086,806$88,036,239$41,764,012$349,267,574
76$1,017,038,581$92,146,935$42,960,027$381,647,176
77$1,120,567,039$96,452,658$44,189,711$417,193,509
78$1,234,648,801$100,962,762$45,453,991$456,223,613
79$1,360,360,097$105,687,056$46,753,817$499,086,595
80$1,498,886,924$110,635,819$48,090,168$546,166,883
81$1,651,536,246$115,819,829$49,464,044$597,887,824
82$1,819,748,328$121,250,386$50,876,474$654,715,631
83$2,005,110,338$126,939,335$52,328,516$717,163,748
84$2,209,371,324$132,899,095$53,821,253$785,797,647
85$2,434,458,733$139,142,684$55,355,799$861,240,120
86$2,682,496,600$145,683,752$56,933,295$944,177,113
87$2,955,825,607$152,536,609$58,554,914$1,035,364,146
88$3,257,025,175$159,716,259$60,221,859$1,135,633,389
89$3,588,937,817$167,238,430$61,935,366$1,245,901,469
90$3,954,695,976$175,119,614$63,696,702$1,367,178,055
91$4,357,751,591$183,377,101$65,507,167$1,500,575,335
92$4,801,908,692$192,029,018$67,368,097$1,647,318,447
93$5,291,359,311$201,094,372$69,280,860$1,808,756,975
94$5,830,723,055$210,593,091$71,246,863$1,986,377,623
95$6,425,090,721$220,546,067$73,267,547$2,181,818,170
96$7,080,072,358$230,975,207$75,344,393$2,396,882,860
97$7,801,850,226$241,903,480$77,478,918$2,633,559,346
98$8,597,237,167$253,354,969$79,672,680$2,894,037,372
99$9,473,740,921$265,354,924$81,927,277$3,180,729,358
100$10,439,635,002$277,929,823$84,244,348$3,496,293,075